Wyoming has adopted Chainlink Proof of Reserve to provide near-real-time, onchain information about the reserves and supply of its state-issued Frontier Stable Token (FRNT).
The Wyoming Stable Token Commission approved the integration on 2 September. Under the arrangement, The Network Firm will examine the token’s reserve assets and outstanding supply, while Chainlink will distribute the resulting verification data across supported blockchains.
Wyoming already publishes daily attestations for FRNT, a reporting schedule that goes beyond the monthly disclosures required under United States federal stablecoin legislation. The new system is intended to give users a more current view of the token’s backing than periodic reports alone.
FRNT launched on 7 January 2026 and is backed by US dollars and short-term US Treasury securities, according to the commission. Income generated by those reserves supports Wyoming’s School Foundation Program.
The Network Firm’s examination process covers reserve balances and the number of tokens in circulation under standards established by the American Institute of Certified Public Accountants. Chainlink then makes the resulting verification information available onchain.
The arrangement does not mean that Chainlink independently inspects the underlying cash or Treasury holdings. Instead, the onchain feed publishes information produced by the examination process. Its accuracy therefore relies on the reserve records, the external examiner and Chainlink’s data-delivery infrastructure.
The commission described the service as providing “near real time” verification, but did not specify how frequently the information would be updated. It also did not publish the data feed’s contract addresses or explain what circumstances would trigger an alert if reserve coverage changed.
Onchain reporting does not replace financial audits, custody safeguards or public disclosures. It provides another route for applications and market participants to access the reported reserve position directly onchain.
Wyoming compares reporting with federal rules
The commission said its daily reporting and onchain verification “meet and exceed” the federal baseline established by the GENIUS Act. That is Wyoming’s own assessment and does not represent a separate decision by a federal regulator.
Under the GENIUS Act, permitted payment stablecoin issuers must publish monthly reports detailing their reserve composition and outstanding supply. Those reports must undergo an independent examination, with company officers required to certify their accuracy.
Wyoming argues that monthly disclosures provide only a snapshot and create a gap between reporting dates. Daily attestations combined with an onchain feed can reduce that gap, although neither system guarantees that reserves cannot change between updates.
The GENIUS Act also includes provisions covering permitted assets, redemptions and regulatory supervision. The commission’s announcement concentrated on transparency and did not suggest that Proof of Reserve removes any of those wider obligations.
Secure Mint remains to be activated
Wyoming is also adopting Chainlink’s Secure Mint feature, although it has not confirmed that the system is operational for FRNT.
When implemented, Secure Mint will require verified reserves to match or exceed FRNT’s outstanding supply before new tokens can be issued. If the reserve check fails, further minting would be blocked until reported coverage returns to the required level.
The commission said the mechanism could help reduce the risk of an “infinite-mint attack”, in which an attacker exploits issuance controls to create tokens without adequate backing. Secure Mint would address part of that threat by making reserve coverage a condition of the minting process.
Its effectiveness will depend on implementation details that have not yet been released. These include update intervals, emergency controls, administrator permissions and the procedures to be followed if reserve information is inaccurate or unavailable.
The activation of Secure Mint is the next confirmed milestone. Wyoming has not announced a date, meaning the reserve-gated issuance system remains a planned feature rather than a protection currently in operation.
FRNT’s reserve announcement follows the state’s decision to move its cross-chain infrastructure from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol. After completing a security review in August, Wyoming made CCIP the token’s exclusive cross-chain infrastructure under a multiyear agreement.
FRNT is available on eight public blockchains: Ethereum, Solana, Base, Avalanche, Arbitrum, Optimism, Polygon and Hedera. LayerZero had previously supported transfers between those networks.
Wyoming prepared FRNT for public distribution through partners including Kraken and Visa. The token became publicly available in January following its technical mainnet deployment in 2025.
